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FRA40 trade ideas

SHORT CAC40 approaching resistance, potential drop!CAC40 is approaching our first resistance at 5184.1 (horizontal swing high resistance, 61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 4950(38.2% Fibonacci retracement , Horizontal overlap support, 61.8% Fibonacci extension ) Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
TVC:CAC40Short
by FlowState
Confirmed Broadening Top. Partial recovery is generally to be expected following the completion of a broadening pattern. In most cases, a rally will develop shortly after the level of the fourth reversal has been broken. This rally seldom gets beyond the half-way level between the last top and the last bottom of the pattern. When it works, this rare pattern is exceedingly important, and generally marks a critical turn from bull to bear market. When it comes to taking a short position, the conservative policy is to wait for the rally and to sell when prices have recovered about 40% of the decline which completed the broadening top.
OANDA:FR40EUR
by Jonty1985
Intraday: Long CAC40 as it approaches Demand ZoneReason: 1. Prior consolidation before strong up move, shows hidden selling activities at this region - buyerswill be likely to defend their positions at this level 2. Strong uptrend move – aggression of the buyers shown 3. Prior resistance turned support level Our Trade Setup will be: EP: 4917 SL: 4897 TP: 4937 Best Regards, NourCapital - Tracking Smart Money Flow Disclaimer: The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
OANDA:FR40EURLong
by Nour_Capital
SHORT: Pullback to the weekly 200-EMA among other thingsThe CAC40 pulled back to the breakout level, completed different patterns and reached their targets. I know that some people studying waves believe we could still go up, but I think there should be quite a good sell-off during the next week. I could indeed be wrong, so we shall see. I've noticed that a few rarer or uncommon patterns appeared. Need to study hard on those. Elliott Waves are also more important than one may think.
FX:FRA40Short
by UnknownUnicorn569872
CAC 40 - 240 - Making a moveTrade Alert This is a short-term idea. Given that CAC 40 finally moved above the 4900 barrier and also above the 200 EMA, this may continue pushing a bit higher. For now, we will see this as short-term idea, where we will target the downside resistance line, which is running from the high of the 17th of October last year. We will also keep a tight stop-loss, in case this reverses heavily against us. That said, let's not forget that the index still remains above its short-term upside support line, drawn from the low of December 2018. Please see the chart for details. Don't forget your stop-loss.
TVC:CAC40Long
by JFD_Research
A different outlook for French Equities....2019 prediction=> Here we have a different view for French Equities as those who are following our telegram will already know. The case can be made that we are in a very large IVth wave of the V wave pattern since post 2008 crisis. => From a technical perspective this looks like a very large correction and should not continue its decline further than 38.2% (4525.x) => Anything below here will start to show serious cracks in the uptrend and will suggest the top for French Equities (not expected) may already be set in stone. => Here for 2019 we will add exposure to the upside on the test of 4525 with tight stops at 4165. => Best of luck all those in French and other European Equities
INDEX:CAC40Long
by ridethepig
1
Complicated wave speculative test (unknown territory)I am quite new to those kinds of wave analysis tests. There's been a lot of talks about Wolfe Waves recently. I am seeking for alternatives. I know the chart is not clean, even very messy. But I traced the fibs for reference only, as I want to keep track of what would happen next. If anyone spots anything that could help, do not hesitate to share! I know that some people who are using Elliott Waves believe indices could still grind up. But I am currently going against it, based on other information. We shall see how it pans out.
FX:FRA40Short
by UnknownUnicorn569872